No independent power. The Secured Parties shall not have any independent power to enforce, or have recourse to, the Cash Collateral except through the Trustee.
Appears in 5 contracts
Samples: Standby Letter of Credit Facility (HCC Insurance Holdings Inc/De/), Standby Letter of Credit Facility (HCC Insurance Holdings Inc/De/), $90,000,000 Standby Letter of Credit Facility (HCC Insurance Holdings Inc/De/)